Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.09B |
| 2 |
Apple
AAPL
|
+$871M |
| 3 |
Uber
UBER
|
+$867M |
| 4 |
NVIDIA
NVDA
|
+$687M |
| 5 |
Amazon
AMZN
|
+$649M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$1.52B |
| 2 |
Danaher
DHR
|
+$540M |
| 3 |
VMW
VMware, Inc
VMW
|
+$474M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$450M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$388M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.83% |
| 2 | Financials | 12.77% |
| 3 | Healthcare | 12.47% |
| 4 | Consumer Discretionary | 11% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2776
BCB Bancorp
BCBP
$159M
| $4.37M | ﹤0.01% |
339,764
+10,108
| +3% | +$115K |
|
2777
CorMedix
CRMD
$590M
| $4.36M | ﹤0.01% |
1,158,808
+78,538
| +7% | +$270K |
|
2778
PCB Bancorp
PCB
$395M
| $4.35M | ﹤0.01% |
236,097
+6,470
| +3% | +$105K |
|
|
ALLK
2779
DELISTED
Allakos
ALLK
| $4.34M | ﹤0.01% |
1,590,113
+98,184
| +7% | +$221K |
|
2780
Innodata
INOD
$2.29B
| $4.33M | ﹤0.01% |
531,721
+36,475
| +7% | +$289K |
|
2781
Regional Management Corp
RM
$312M
| $4.32M | ﹤0.01% |
172,167
+6,287
| +4% | +$152K |
|
2782
Nkarta
NKTX
$162M
| $4.32M | ﹤0.01% |
653,740
+21,013
| +3% | +$54.4K |
|
|
TTSH
2783
DELISTED
Tile Shop Holdings
TTSH
| $4.31M | ﹤0.01% |
585,969
+32,320
| +6% | +$194K |
|
2784
Weyco Group
WEYS
$390M
| $4.31M | ﹤0.01% |
137,459
+8,828
| +7% | +$251K |
|
2785
Greene County Bancorp
GCBC
$590M
| $4.31M | ﹤0.01% |
152,811
+10,872
| +8% | +$273K |
|
2786
Harvard Bioscience
HBIO
$28.5M
| $4.31M | ﹤0.01% |
80,464
+2,658
| +3% | +$120K |
|
2787
Blend Labs
BLND
$482M
| $4.29M | ﹤0.01% |
1,683,787
+5,910
| +0.4% | +$8.91K |
|
2788
JFrog
FROG
$10.4B
| $4.29M | ﹤0.01% |
124,081
+7,738
| +7% | +$209K |
|
2789
Village Super Market
VLGEA
$656M
| $4.29M | ﹤0.01% |
163,518
+5,132
| +3% | +$126K |
|
|
SRG
2790
Seritage Growth Properties
SRG
$137M
| $4.27M | ﹤0.01% |
456,443
+16,787
| +4% | +$141K |
|
2791
Quantum-Si Incorporated
QSI
$167M
| $4.27M | ﹤0.01% |
2,123,452
+101,858
| +5% | +$155K |
|
|
PARAA
2792
DELISTED
Paramount Global Class A
PARAA
| $4.27M | ﹤0.01% |
217,000
+16,362
| +8% | +$280K |
|
2793
Colony Bankcorp
CBAN
$470M
| $4.26M | ﹤0.01% |
320,612
+10,063
| +3% | +$109K |
|
2794
Pure Cycle
PCYO
$255M
| $4.26M | ﹤0.01% |
407,165
+18,380
| +5% | +$183K |
|
|
WOW
2795
DELISTED
WideOpenWest
WOW
| $4.26M | ﹤0.01% |
1,051,529
+37,725
| +4% | +$203K |
|
2796
Star Holdings Shares of Beneficial Interest
STHO
$111M
| $4.25M | ﹤0.01% |
283,547
+15,273
| +6% | +$190K |
|
|
DM
2797
DELISTED
Desktop Metal, Inc.
DM
| $4.22M | ﹤0.01% |
562,455
+27,316
| +5% | +$247K |
|
2798
Choiceone Financial
COFS
$516M
| $4.22M | ﹤0.01% |
144,147
+11,212
| +8% | +$262K |
|
|
KG
2799
Kestrel Group
KG
$70.5M
| $4.19M | ﹤0.01% |
91,570
+5,268
| +6% | +$195K |
|
2800
Blink Charging
BLNK
$80.5M
| $4.19M | ﹤0.01% |
1,235,446
+89,299
| +8% | +$279K |
|
Similar funds
Geode Capital Management's Q4 2023 Portfolio in Review
As of Q4 2023, Geode Capital Management held 4,831 positions worth $956B, up 14% from $840B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Geode Capital Management's Q4 2023 filing shows 71 new, 3,576 increased, 304 reduced and 178 closed positions. Its largest new stake was NCR Atleos: 993,462 shares worth $24.2M. The largest sale was Activision Blizzard, an estimated $1.52B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 28% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q4 2023 buy was NCR Atleos: 993,462 shares worth $24.2M.
- Geode Capital Management added most to Microsoft in Q4 2023, an estimated $1.09B increase.
- Geode Capital Management's biggest Q4 2023 reduction was Danaher, cutting an estimated $540M.
- Geode Capital Management fully exited Activision Blizzard in Q4 2023, selling an estimated $1.52B.
- Geode Capital Management's ten largest holdings make up 26% of its $956B portfolio in Q4 2023.
- Geode Capital Management opened 71 new positions and closed 178 in Q4 2023.
- Geode Capital Management's portfolio value rose 14% quarter-over-quarter to $956B.
Based on Geode Capital Management's 13F filing for Q4 2023, filed 13 Feb 2024.